LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 12, 2009 TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2591 by Thompson (Relating to the regulation of property tax consultants.), Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. The bill would require the Texas Department of Licensing and Regulation (TDLR) to adopt a competency examination for registration as a property tax consultant. The bill would also prohibit certain general and legal actions by property tax consultants. The bill would require the TDLR to adopt rules to align existing rules with the provisions of the bill and to offer the property tax consultant examination. TDLR indicates that there would be some cost to implement the provisions of the bill, but these costs are expected to be absorbed within the agency's existing budget. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:452 Department of Licensing and Regulation LBB Staff: JOB, ES, MN, JRO LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 12, 2009 TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2591 by Thompson (Relating to the regulation of property tax consultants.), Committee Report 2nd House, Substituted TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2591 by Thompson (Relating to the regulation of property tax consultants.), Committee Report 2nd House, Substituted Honorable Steve Ogden, Chair, Senate Committee on Finance Honorable Steve Ogden, Chair, Senate Committee on Finance John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB2591 by Thompson (Relating to the regulation of property tax consultants.), Committee Report 2nd House, Substituted HB2591 by Thompson (Relating to the regulation of property tax consultants.), Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would require the Texas Department of Licensing and Regulation (TDLR) to adopt a competency examination for registration as a property tax consultant. The bill would also prohibit certain general and legal actions by property tax consultants. The bill would require the TDLR to adopt rules to align existing rules with the provisions of the bill and to offer the property tax consultant examination. TDLR indicates that there would be some cost to implement the provisions of the bill, but these costs are expected to be absorbed within the agency's existing budget. The bill would require the Texas Department of Licensing and Regulation (TDLR) to adopt a competency examination for registration as a property tax consultant. The bill would also prohibit certain general and legal actions by property tax consultants. The bill would require the TDLR to adopt rules to align existing rules with the provisions of the bill and to offer the property tax consultant examination. TDLR indicates that there would be some cost to implement the provisions of the bill, but these costs are expected to be absorbed within the agency's existing budget. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 452 Department of Licensing and Regulation 452 Department of Licensing and Regulation LBB Staff: JOB, ES, MN, JRO JOB, ES, MN, JRO